Revere, MA

Population

Revere has a population of 53,095 people,
according to the Census data for 2016. Compared to 2010, this number has
increased by 1,340 people (2.6%), so we
can confidently say that the dynamics of
the population
growth are positive. If you compare the rate of population growth with the nearest cities, such
as Medford or Peabody, you will find that these cities
have a
population growth of 963 and a growth of 814 people, respectively (1.7%
and 1.6% correspondingly)

Race and Ethnicity

Median Household Income

The Revere median household income is $50,886 (according to the US Census Bureau records for 2016 ).
A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city.
Simply put, it is calculated by summarizing incomes of all adult members of the household.
In comparison with the data for year 2010, this figure has increased by $953 (1.9%).
Compared with the neighboring cities, the median household income in Revere is lower than in Malden ($54,896),
but greater than in Everett ($50,762).
The median household income in Massachusetts is $68,563 (34.7% higher than in Revere)

Median Property Value

The median property value in Revere is $313,500 (based on US Census Bureau data
for 2016).
This means that half of the houses in the city are more expensive than this figure, and half of other houses are less.
In 2010, the property value was estimated at $316,600 (making a decrease of $3,100 or 1% in 6 years).
Here is what the housing market looks like in nearby cities: median property price in Everett is
$317,600, in Salem — $308,800.
Median property value in Massachusetts is $333,100

Poverty Rate

A poverty rate is one of the key economic indicators. It shows the proportion of the population whose income
is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is.
The current poverty rate in Revere is 12.4%. In the neighboring cities,
this figure is as follows: in Everett, 13.5% of the
population live below the poverty line, in Malden — 12.1%.
The poverty rate in Massachusetts is 8.19%. Based on such indicators as the poverty rate, we assume that
life in Revere is slightly worse than the average for the state.

Median Gross Rent

The median gross rent in Revere is $1,187 a month (as of 2016).
In 2010, this figure was lower — $1,186/mo
(-0.1%).
Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs.
The median gross rent in the state of Massachusetts is lower at
$1,102 per month (again, data for 2016).
The following median gross rent was registered in the neighboring cities: renters in Wakefield pay
$1,203/mo, in Chelsea — $1,170/mo.

Rent Burden

The rent burden in Revere is 33.4% (2016).
Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating
the housing affordability in the city. Rent burden in Revere is higher than in the state of Massachusetts,
where the rent burden is 30.3%. In neighboring cities, the situation is as follows:
rent burden is 33.4% in Everett,
and in Lynn — 33.3%.

Share of Renter-Occupied Housing

50.7% of housing units in Revere are occupied by renters (2016).
A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation.
In 2010, the share of renter-occupied housing units was higher — 52.4%.
It seems that now less people live in rented houses in Revere than before.
Neighboring cities have the following shares of renter-occupied housing units: Salem (51.9%), Brookline (50.2%).

Renter Occupied Households

There are 11,425 renter occupied households in Revere (2016).
This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has
increased by 1% (11,425 households
in 2016 vs. 11,312 in 2015).
Nearby cities have the following renter-occupied housing unit numbers: there are 12,821 households in Waltham, 10,622 units in Medford.

Evictions

There were 176 evictions reported
in Revere in 2016.
Here are how many evictions were made in nearby cities in 2016 : 177 evictions from housing were made in Randolph, 160 in Somerville.
Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large
number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

Eviction Filings

The total number of eviction cases that were registered in the Revere in 2016 is 354.00.
Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Revere has less eviction cases than Salem
(359.00 filings in 2016),
more eviction cases than Malden
(345.00 filings).

190 North Shore Road Nada Ayseh, A Boivin and 28 other residents. Five companies were registered at this address, including Health Spa Inc, Revere Health Club Inc. Five entities are associated with this address, including Nicole Killen, Abdelali Azhari. Don B Rogers linked to this address via UCC filing. This address was listed as a mailing address of Boivin Cynthia A for parcel ID 300450174 300450000. Domain ownership info for Debora Dasilva

11 Overlook Ridge Drive David Menyfield, David R Schultz and one other resident. Eight companies were registered at this address, including Solatina LLC, Deoliveira Import and Export Inc. 20 entities are associated with this address, including Kathleen Macinnis, Neila Amado Schwartz. Bette L Slovin linked to this address via UCC filing. The parcel owner name was listed as Frazer David M. Domain ownership info for John Langdon

All Addresses, page 1

This is a list of addresses in Revere with information about local companies or construction work going on there

Sources and Citations

This research uses data from The Eviction Lab at Princeton University, a project directed by Matthew Desmond and designed by Ashley Gromis, Lavar Edmonds, James Hendrickson, Katie
Krywokulski, Lillian Leung, and Adam Porton. The Eviction Lab is funded by the JPB, Gates, and Ford Foundations as well as the Chan Zuckerberg Initiative. More information is found at evictionlab.org

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